Selecting the Best Processor for Your Promo Offers

When suppliers and retailers select a third-party processor, they should strongly consider utilizing one which meets the following important criteria:

Have extensive experience in the adult beverage industry

Have extensive experience working with suppliers and retailers in promotional claims by retailers

Have no direct or indirect financial interest in any industry member’s business; supplier, wholesaler or retailer

Have a diverse supplier client base to assure no tied house violations

Have a diverse retailer service base to assure no tied house violations

Have a clear understanding of the three-tier system in the adult beverage industry and their roll representing licensees

Have compliance policies which exemplify their commitment to compliance

Present clear examples of being proactive in compliance

Manage data in a way that allows remote access for oversite, audit and compliance purposes

Present technology that allows secure login capabilities which enables robust confidentiality within the trade

Present technology systems that enable management of promotional activity so that there is a system which allows readily available data regarding promotional offers which ensures electronic costing analysis for suppliers

Present technology capabilities and examples of their process and the management of their records to assure proper books and records management with a minimum of triple redundancy.

Selecting the Best Processor for Your Promo Offers

When suppliers and retailers select a third-party processor, they should strongly consider utilizing one which meets the following important criteria:

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